In other parts of the country, the cash crunch was not as severe as in the South, where two more states — Andhra Pradesh and Telangana — face assembly polls in less than a year.
This is MobiKwik’s latest tie-up following its partnerships with BSNL, Bajaj Finserv Ltd and IndusInd Bank- all inked in 2017.
The intent of the government and the MoD (Ministry of Defence) for a strategic partnership is to produce 'Make in India' aircraft.
Under the agreement signed on Thursday at the Defexpo, the companies will assemble 16-cylinder and 20-cylinder engines at GSL’s new facility in Goa.
The company said it has won 31 tenders in the last 2 years and they would result in cumulative revenues of over Rs 5,000 crores over the next decade.
P Ramnath said that the expansion would not be stalled by ongoing agitations, alleging that foreign-funded organisations with ulterior motives have been trying to derail the expansion.
Protesters from Tamil groups like Tamizhaga Vazhvurimai Katchi and Naam Thamizhar held sit-in agitations outside the Triplicane Police Station, however they were all removed by the police.
Residents, environmentalists and politicians have been protesting against the company's proposed doubling of capacity from 400,000 tonnes a year to 800,000 tonnes a year for more than 50 days now.
Chief minister Edappadi K Palaniswami and his deputy O Panneerselvam joined protests near the MA Chidambaram Stadium in Chennai on Tuesday morning, leaving cadres and the state police surprised.
TAFE’s has had a long association with IMT spanning decades involving the supply of components, aggregates and technical support.
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